Tax on residents and non-residents — Credits — Alternative fuel infrastructure credit — Tax year 2027 through tax year 2036

(a) Beginning with the taxable year after December 31, 2026, through the taxable year ending December 31, 2036, there shall be allowed against the tax imposed on an eligible applicant by § 47-1806.03 a credit in the amount of 50% of the equipment and labor costs directly attributable to the purchase and installation by the taxpayer of alternative fuel storage and dispensing or charging equipment in a property that is the dwelling of the taxpayer and located in the District; provided, that the credit shall not exceed $1,000 per vehicle charging station. (b) The equipment and labor costs for which a tax credit may be claimed under this section shall not include costs associated with the construction or purchase of any real property or structure. (c) The credit claimed under this section in any one tax year may not exceed the taxpayer's tax liability under § 47-1806.03 for that year. (d) If the amount of the tax credit permitted under this section exceeds the tax otherwise due under § 47-1806.03, the amount of the credit not used may be carried forward for up to 2 tax years. The credit shall not be refundable. (e) For the purposes of this section, the term: (1) "Alternative fuel" means a fuel used to power a motor vehicle that consists of one or more of the following: (A) Electricity provided by a vehicle-charging station; or (B) Hydrogen. (2) "Eligible applicant" means a resident who is an owner or lessee of a qualified private residence. (3) "Qualified private residence" means a property that is the dwelling of a person that has a vehicle-charging station.